- Sarla Buch
- 27 Dec, 2016
- New York City
The European Central Bank rejected plea for three-week extension to meet the capital shortfall to Banca Monte dei Paschi. Sports Direct sell its sportswear brand Dunlop for
- Mukesh Buch
- 23 Dec, 2016
- New York City
Blackstone is in talks to acquire $5 billion of assets from Energy Transfer Partners. Cintas net tumbled 59%. Cal-Maine net swung to a loss as egg prices drop 51% from a record high. Prestige Brands to buy C.B. Fleet for $825 million.
- Sarla Buch
- 23 Dec, 2016
- New York City
Airbus signed a contract with Iran Air to deliver 100 jetliners. Air France-KLM agreed to sell 11.3% stake in Amadeus IT. U.S regulator settled with Credit Suisse and Deutsche Bank for selling faulty mortgage securities for $5.7 billion and $7.2 billion respectively.
- Mukesh Buch
- 22 Dec, 2016
- New York City
Anadarko agreed to sell certain gas assets to Alta Marcellus. Berkshire Partners plan to acquire stake in Kendra Scott Design. Bed Bath & Beyond net tumbled 29%. Conagra Brands net plunged 21%. Micron Technology net plummeted 13%. Rite Aid net tumbled 29%. Red Hat net surged 45%.
- Sarla Buch
- 22 Dec, 2016
- New York City
Actelion re-entered in merger talks with Johnson & Johnson. Altice agreed to sell its Belgium and German businesses to Telenet for
- Mukesh Buch
- 21 Dec, 2016
- New York City
AMC received conditional approval of the proposed $1.2 billion acquisition of rival Carmike. Accenture net surged 22%. FedEx net rose. Finish Line tumbled after net loss widened. Nike profit jumped. Paychex net and revenues soared 7%.
- Sarla Buch
- 21 Dec, 2016
- New York City
AB InBev agreed to sell its 54.5% stake of African assets to the Coca-Cola for $3.2 billion. Allergan agreed to acquire LifeCell for $2.9 billion. Meggitt sell its Target Systems division to QinetiQ for
- Mukesh Buch
- 20 Dec, 2016
- New York City
BlackBerry net loss widened on 47% decline in revenues but the mobile phone maker lifted adjusted profit outlook. CarMax net jumped. Darden net surged 84%. FactSet profit tumbled 33%. General Mills net plunged 9%. Praxair and Linde agreed to merge. Rite Aid agrees to sell stores to Fred
- Sarla Buch
- 20 Dec, 2016
- New York City
Innovia agreed to be acquired by Canada-based CCL. Lloyds Banking agreed to acquire MBNA for
- Mukesh Buch
- 19 Dec, 2016
- New York City
Apple challenged the European Union competition commission
- Sarla Buch
- 19 Dec, 2016
- New York City
Braas Monier Building agreed to be acquired by the U.S.-based Standard Industries for $1.2 billion. Danone lowered fiscal sales forecast. Parkdean Resorts agreed to be acquired by Canada-based Onex for
- Mukesh Buch
- 16 Dec, 2016
- New York City
Adobe net surged 79% on 23% jump in revenues. Cognizant agreed to acquire Australia-based insurance group Adaptra. Honeywell reaffirmed fourth-quarter earnings forecast. Ingles Markets net declined 12%. Jabil Circuit net tumbled 33%. Oracle profit dropped 7%.
- Sarla Buch
- 16 Dec, 2016
- New York City
Actelion jumped after the European regulatory advisory committee issued positive opinion for the treatment of T-cell lymphoma. EDF lowered profit outlook for fiscal 2017. Johnston Press agreed to sell its unit to Iliffe News and Media.
- Mukesh Buch
- 15 Dec, 2016
- New York City
Nucor lowered earnings outlook. RMR net income and revenues soared. Scholastic net jumped 5% and reaffirmed revenue forecast. Sanderson Farms net nearly tripled. Smart Sand net swung to a loss. 21st Century Fox agreed to acquire remaining stake in Sky for $23.4 billion.
- Sarla Buch
- 15 Dec, 2016
- New York City
Just Eat, the online food ordering platform continued its global expansion with a deal in Canada and in Europe. Lufthansa intends to acquire remaining 55% stake in SN Airholding. Sky agreed to be acquired by 21st Century Fox for